North American EBCIs Indicate Improving Conditions in October

NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America measured 56.3 in October, down slightly from 56.7 in June, the last time the index was released. Neverthless, October’s result, coming in above the 50-point mark, showed signs of improvement in the business environment. Respondents remained optimistic on balance regarding confidence in future business despite a fall in the October EBCI for North American conditions six months forward to 71.9 from 83.3 in June.

The National Electrical Manufacturers Association (NEMA) represents 350 electrical and medical imaging manufacturers at the forefront of electrical safety, reliability, resilience, efficiency, and energy security. Our combined industries account for more than 400,000 American jobs and more than 7,000 facilities across the United States. Domestic production exceeds $114 billion per year and exports top $50 billion.